Versarien (LON:VRS) Shares Up 13.8% – Should You Buy?

Versarien plc (LON:VRS)’s stock price rose 13.8% during mid-day trading on Monday . The stock traded as high as GBX 0.04 ($0.00) and last traded at GBX 0.03 ($0.00). Approximately 16,303,617 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 53,089,273 shares. The stock had previously closed at GBX 0.03 ($0.00).

Versarien Price Performance

The company has a debt-to-equity ratio of 655.61, a current ratio of 1.58 and a quick ratio of 1.67. The firm has a market capitalization of £768,900.00, a P/E ratio of -0.83 and a beta of 1.13. The business has a 50 day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.06.

About Versarien

Versarien plc provides engineering solutions for various industry sectors in the United Kingdom, rest of Europe, North America, and internationally. The company operates in two segments, Technology Business and Mature Business. It offers Nanene, a few-layer graphene; Polygrene, a graphene enhanced polymer; Hexotene, a few-layer hexagonal boron nitride nano-platelet powder; and graphene-based nanomaterials for energy storage devices, as well as a range of electrically conductive graphene inks for various printing processes, substrates, and applications under the Graphinks name.